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Gold/Mining/Energy : Fantom Technologies (TSE:FTM)

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To: Hawkeye who wrote ()	2/2/1998 12:43:00 PM
From: Marcman	Read Replies (2) of 55

Hawkeye, Must have been lonely on this thread. I just got turned on to Fantom by an article in the latest issue of Investor's Digest. It looks like an excellent value. They are predicting a price in the $16 - $17 range in the 12 month horizon, which is not bad at all given a $13 price today. The revenue and earnings growth in the past year have been impressive and that should well continue according to this item. The company has already carved out a huge chunk of the upright vacuum cleaner market with just the two products and apparently has a major marketing push planned for later this year. What I like about this one is its large exposure to the US consumer market, which gives a nice cross-border diversification to a portfolio. Given the state of the $$$, etc. I think it's a sensible, if unexciting, buy. Please fill me in if there's any advice you could give me. I'm thinking very seriously (in fact I'm about 90% there) about a nice investment in this one. Good luck to us all, Marcman

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